Chardan Nextech Acquisition Stock Performance
| DFLIW Stock | USD 0.02 0 29.50% |
Chardan NexTech holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.75, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Chardan NexTech will likely underperform. Use Chardan NexTech information ratio, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on Chardan NexTech.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Chardan NexTech Acquisition are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady forward indicators, Chardan NexTech showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Acquisition by Marchetti John of 86133 shares of Chardan NexTech subject to Rule 16b-3 | 08/30/2024 |
2 | Battle Born Releases New Smart Lithium Batteries to Kick Off Bl | 11/25/2024 |
| Begin Period Cash Flow | 17.8 M | |
| Free Cash Flow | -24.6 M |
Chardan |
Chardan NexTech Relative Risk vs. Return Landscape
If you would invest 0.00 in Chardan NexTech Acquisition on September 3, 2024 and sell it today you would earn a total of 1.80 from holding Chardan NexTech Acquisition or generate 9.223372036854776E16% return on investment over 90 days. Chardan NexTech Acquisition is currently producing 18.0369% returns and takes up 135.6715% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Chardan, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Chardan NexTech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chardan NexTech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Chardan NexTech Acquisition, and traders can use it to determine the average amount a Chardan NexTech's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1329
| Best Portfolio | Best Equity | DFLIW | ||
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Estimated Market Risk
| 135.67 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Chardan NexTech is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Chardan NexTech by adding it to a well-diversified portfolio.
Chardan NexTech Fundamentals Growth
Chardan Stock prices reflect investors' perceptions of the future prospects and financial health of Chardan NexTech, and Chardan NexTech fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Chardan Stock performance.
| Return On Equity | -1.64 | |||
| Return On Asset | -0.14 | |||
| Profit Margin | (0.59) % | |||
| Operating Margin | (0.51) % | |||
| Revenue | 64.39 M | |||
| EBITDA | 3.41 M | |||
| Net Income | (13.82 M) | |||
| Total Debt | 23.31 M | |||
| Book Value Per Share | 0.46 X | |||
| Cash Flow From Operations | (17.71 M) | |||
| Total Asset | 75.2 M | |||
| Retained Earnings | (41.54 M) | |||
| Working Capital | 15.54 M | |||
About Chardan NexTech Performance
Evaluating Chardan NexTech's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Chardan NexTech has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Chardan NexTech has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 289.18 | 173.56 | |
| Return On Tangible Assets | (0.18) | (0.17) | |
| Return On Capital Employed | (0.79) | (0.75) | |
| Return On Assets | (0.18) | (0.17) | |
| Return On Equity | (0.50) | (0.52) |
Things to note about Chardan NexTech Acqu performance evaluation
Checking the ongoing alerts about Chardan NexTech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Chardan NexTech Acqu help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Chardan NexTech Acqu is way too risky over 90 days horizon | |
| Chardan NexTech Acqu has some characteristics of a very speculative penny stock | |
| Chardan NexTech Acqu appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 64.39 M. Net Loss for the year was (13.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Chardan NexTech generates negative cash flow from operations | |
| Chardan NexTech Acqu has a poor financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Battle Born Releases New Smart Lithium Batteries to Kick Off Bl |
- Analyzing Chardan NexTech's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Chardan NexTech's stock is overvalued or undervalued compared to its peers.
- Examining Chardan NexTech's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Chardan NexTech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Chardan NexTech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Chardan NexTech's stock. These opinions can provide insight into Chardan NexTech's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Chardan Stock Analysis
When running Chardan NexTech's price analysis, check to measure Chardan NexTech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.